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501 Park Pl Lexington, KY 40511

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For Sale
$1,596,000

10.92± acres of commercial land ideal for retail, office.

Property Features for 501 Park Pl

General Information

Standard status
Active

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Listing Contact
Michael Somervell
Source: Cbre

Listing Agent: Michael Somervell

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

10.92 Acres Commercial Land

The property encompasses a total site of 10.92± acres, with 5.32± useable acres based on proposed changes to B-6P zoning setbacks. It features frontage on West New Circle Road near the Newtown Pike Overpass and is situated next door to a Walmart-anchored shopping center. Zoned B-6P Commercial Center, the site offers easy access to I-64/I-75. It is ideal for retail, office, hotel, or multi-family development.
Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Lexington
County
Fayette
State
Kentucky
Longitude
-84.482642
Latitude
38.069616

FAQs

What type of property is this?
Commercial land - 10.92± acres of commercial land ideal for retail, office.
Where is this commercial land located?
The property is located at 501 Park Pl Lexington, KY.
What is the asking price?
The asking price for this property is $1,596,000.
What are key features of this property?
This property features: - 5.32± useable acres, based on proposed zoning changes; - Frontage on West New Circle Road near Newtown Pike Overpass; - Next door to Walmart anchored shopping center
More about this property
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